RigData Insights

OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

  • Monday, November 28, 2016
  • Posted By Unknown
Anyone planning to trade the outcome of this week’s OPEC meeting might consider the lessons of the group’s last production cut.

Thanksgiving Week Rig and Permit Counts

  • Monday, November 28, 2016
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count increased to 697 rigs (+22).

Permian Reigns in Gains

  • Tuesday, November 22, 2016
  • Posted By Unknown
The Permian Basin’s unconventional oil plays have driven most of the gains in the US active land rig count, with the region now accounting for 40% of ... Read More

End of downturn at hand? Operators’ behavior suggests so

  • Monday, November 21, 2016
  • Posted By Unknown
The way US E&P operators are adding rigs, planning activity ramp-ups, preparing to raise capex and looking forward to renewed production growth in 201... Read More

Rig Count and Permit Count Continue to Climb

  • Monday, November 21, 2016
  • Posted By Unknown
According to the RigData Locations & Operators Report, the U.S rig count grew to 675 rigs (+12).

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